Brazil Cuts Job Creation Forecast After Missing Estimate in June
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Brazil will create fewer jobs this year than previously forecast as the number of new posts in June missed analyst forecasts for the fourth straight month.
Brazil will create about 1 million jobs in 2014, down from a previous forecast of 1.4 million to 1.5 million, Labor Minister Manoel Dias told reporters today in Brasilia. Job creation will slow in the second half of the year, he said.